---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-194654"
form_type: "8-K"
ticker: "LSTR"
cik: "0000853816"
company_name: "LANDSTAR SYSTEM INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:35:24.939645+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Landstar Q2 revenue $1.374B, EPS $1.85; guides Q3 EPS $1.65-1.75

## Summary
- DEPS $1.85 vs $3.05 YoY; revenue $1.374B vs $1.975B, down 30%.
- Gross profit $139.7M, variable contribution $198.2M; truck loads down 16% YoY.
- Quarterly dividend raised $0.03 to $0.33/share (10% increase), payable Aug 25.
- Q3 guidance: revenue $1.275B-$1.325B, DEPS $1.65-$1.75 on continued soft demand.

## SEC filing metadata
- accession: 0001193125-23-194654
- form_type: 8-K
- ticker: LSTR
- cik: 0000853816
- company_name: LANDSTAR SYSTEM INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/853816/000119312523194654/0001193125-23-194654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/853816/000119312523194654/d429263d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-194654
- JSON: https://secwatch.observer/filing/0001193125-23-194654.json
- Plain text: https://secwatch.observer/filing/0001193125-23-194654.txt

## Key facts
- Earnings Releases
  LANDSTAR SYSTEM INC reported the 2023 second quarter results: revenue $1.374 billion, EPS $1.85. Guidance initiated.
  - Period: the 2023 second quarter
  - Revenue: $1.374 billion
  - EPS: $1.85
  - Guidance: initiated
  - Result: reported results
  source text: Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $1.85 in the 2023 second quarter on revenue of $1.374 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/853816/000119312523194654/0001193125-23-194654-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.